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blesskeemun Master	08-Feb-2021 20:10        blesskeemun About Contact  Quote this Post!
x 0   x 0  Alert Admin	Notices: 1. NORWAY oil ops costs is 78% recoverable thru tax rebate. 2. OMAN oil ops costs is 65% recoverable thru tax reduction on oil sales. Huat lah...
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blesskeemun Master	08-Feb-2021 19:56        blesskeemun About Contact  Quote this Post!
x 0   x 0  Alert Admin	The fiscal policy in Oman is different in that exploration expenditure will only be recovered in the form of cost recovery by reduction of tax upon production. In Oman, the Group?s strategy will be to advance its GA South discovery further before considering any exit. Rex International Holding's 92.65 per cent subsidiary Masirah Oil Ltd (?MOL?), holds a 100 per cent interest in the Block 50 licence and has to date more than US$100 million in its cost pool. MOL is considering to develop one or two more prospects in the same area around the GA South discovery, as potential new discoveries would present economies of scale opportunities for cost reduction and increase the estimated value for the area considerably.
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ahberngh Elite	08-Feb-2021 19:36        ahberngh About Contact  Quote this Post!
x 0   x 0  Alert Admin	So far, in my view, there is one point which has not been mentioned often and which I have not been able to find out. What is the size, i.e. the amount of extractable oil, of the Yumna oil? This tells us, if Yumna 1,2,3 are producing simultaneously, how long the revenue will  last. Also, hope that if the exploration well is successful, it will be a huge find . blesskeemun      ( Date: 08-Feb-2021 18:33) Posted: Assuming Yumna 4 Well (Wildcat) starts production on 1st Jan' 22 with 8,000 bp/d (same as the other wells) 2022  Oman Oil Revenue (1st 2nd 3rd & 4th well) 365 days x 32,000 bpd x US$65 = US$759.20mil           2022  Oman Oil Production Cost   365 days x US$320,000 = US$116.80mil             2022  Gross Revenue of Oman Oil   US$759.20mil- -US$116.80mil = US$642.4mil           1H Net Profit                 2H Net Profit                 2022 Net Revenue 2022 Net Profit   US$642.4mil US$250 mil
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rlong8288 Master	08-Feb-2021 18:39        rlong8288 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Did you include cost of sales  blesskeemun      ( Date: 08-Feb-2021 18:33) Posted: Assuming Yumna 4 Well (Wildcat) starts production on 1st Jan' 22 with 8,000 bp/d (same as the other wells) 2022  Oman Oil Revenue (1st 2nd 3rd & 4th well) 365 days x 32,000 bpd x US$65 = US$759.20mil           2022  Oman Oil Production Cost   365 days x US$320,000 = US$116.80mil             2022  Gross Revenue of Oman Oil   US$759.20mil- -US$116.80mil = US$642.4mil           1H Net Profit                 2H Net Profit                 2022 Net Revenue 2022 Net Profit   US$642.4mil US$250 mil
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blesskeemun Master	08-Feb-2021 18:33        blesskeemun About Contact  Quote this Post!
x 0   x 0  Alert Admin	Assuming Yumna 4 Well (Wildcat) starts production on 1st Jan' 22 with 8,000 bp/d (same as the other wells) 2022  Oman Oil Revenue (1st 2nd 3rd & 4th well) 365 days x 32,000 bpd x US$65 = US$759.20mil           2022  Oman Oil Production Cost   365 days x US$320,000 = US$116.80mil             2022  Gross Revenue of Oman Oil   US$759.20mil- -US$116.80mil = US$642.4mil           1H Net Profit                 2H Net Profit                 2022 Net Revenue 2022 Net Profit   US$642.4mil US$250 mil
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guards80 Supreme	08-Feb-2021 17:16        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wait for yunma 3 well drilling news. Should be coming out soon stansays      ( Date: 08-Feb-2021 16:57) Posted: But our Rex does not swing along with the oil momentum. guards80      ( Date: 08-Feb-2021 16:49) Posted: Wow oil keep going uo. Rex going up 170 tmr
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stansays Member	08-Feb-2021 16:57        stansays About Contact  Quote this Post!
x 0   x 0  Alert Admin	But our Rex does not swing along with the oil momentum. guards80      ( Date: 08-Feb-2021 16:49) Posted: Wow oil keep going uo. Rex going up 170 tmr? guards80      ( Date: 08-Feb-2021 15:50) Posted: Brent oil now above $60
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jesmarnew Senior	08-Feb-2021 16:51        jesmarnew About Contact  Quote this Post!
x 0   x 1  Alert Admin	Time to sell Yoma swap to Rex....next will be Yoma below Rex soon!!!! Rex rising star...Yoma bottomless pit!!!!!
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guards80 Supreme	08-Feb-2021 16:49        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow oil keep going uo. Rex going up 170 tmr? guards80      ( Date: 08-Feb-2021 15:50) Posted: Brent oil now above $60
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guards80 Supreme	08-Feb-2021 15:50        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Brent oil now above $60
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benjidog Supreme	08-Feb-2021 15:13        benjidog About Contact  Quote this Post!
x 0   x 0  Alert Admin	I told you before it happen... Huat to those who action benjidog      ( Date: 08-Feb-2021 11:16) Posted: imagine....easy for BB to pump past 16 to 165? haha huat to everyone SAVIORFOREVER      ( Date: 08-Feb-2021 08:42) Posted: Pump and dump? Bid Bid Vol(K) Ask Ask Vol(K) 0.157 493 0.157 682 0.156 245.1 0.158 1,336 0.155 495.5 0.159 895.2 0.154 50 0.160 606.8 0.153 77 0.161 722.1 0.152 1,140 0.162 944 0.151 488.4 0.163 1,265 0.150 1,015 0.164 810.2 0.149 400 0.165 1,065 Trade with caution and DYODD
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kt3152 Supreme	08-Feb-2021 14:52        kt3152 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Exactly but there are some who think otherwise..... guards80      ( Date: 08-Feb-2021 14:36) Posted: Brent oil hit $60.03 tonight if close above that rex sell oik going big huat liao for next result kt3152      ( Date: 08-Feb-2021 14:23) Posted: Haha bro, you keep upgrading your target......
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guards80 Supreme	08-Feb-2021 14:36        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Brent oil hit $60.03 tonight if close above that rex sell oik going big huat liao for next result kt3152      ( Date: 08-Feb-2021 14:23) Posted: Haha bro, you keep upgrading your target...... guards80      ( Date: 08-Feb-2021 14:20) Posted: Waiting for drilling news. Should push up 190
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stansays Member	08-Feb-2021 14:29        stansays About Contact  Quote this Post!
x 0   x 0  Alert Admin	Finally seeing some light near the end of the tunnel.....
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makdatok Supreme	08-Feb-2021 14:24        makdatok About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bears kena screwed
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kt3152 Supreme	08-Feb-2021 14:23        kt3152 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha bro, you keep upgrading your target...... guards80      ( Date: 08-Feb-2021 14:20) Posted: Waiting for drilling news. Should push up 190
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guards80 Supreme	08-Feb-2021 14:20        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Waiting for drilling news. Should push up 190
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Hector Veteran	08-Feb-2021 14:17        Hector About Contact  Quote this Post!
x 0   x 0  Alert Admin	hopfully can see 0.18x sooner
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hmmhmm Elite	08-Feb-2021 14:15        hmmhmm About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmm......Rex dance Cha Cha today...
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SAVIORFOREVER Supreme	08-Feb-2021 14:00        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	If you think Rex is really so good then just buy and hold. Don't forget how Rex can ding dong between 140++ and 160++ so many times. What I say is buy low sell high. Those who bought below 150 already profited. Sell when there is decent profits is based on individual expectation. Ppl are making money when they catch the low and losing money when rush in to buy especially contra buyers. Trade with caution and DYODD eagleeyes1989      ( Date: 08-Feb-2021 13:44) Posted: you are the epitome of toxic negativity  SAVIORFOREVER      ( Date: 08-Feb-2021 13:40) Posted: Future is Rex draining all their current reserves in search of the big oil reserves. Trade with caution and DYODD
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